Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017		Mar. 31, 2016
Cash flows from operating activities:
Net income	$ 17,789		$ 55,550
Adjustments to reconcile net income to net cash (used in) operating activities:
Amortization of premium or discount on fixed maturity securities	31		122
Net realized loss on sale of investments	2		4
Unrealized gain on trading securities	(21)		(131)
Unrealized (gain) on change in fair value of derivative embedded conversion feature	(18,029)		(55,875)
Equity-based compensation	140		164
Changes in assets and liabilities:
Accrued investment income	(28)		(31)
Other assets	(74)		(6)
Cash equivalents held in trust	(1,029)		1,611
Restricted cash	(595)		(299)
Losses and loss adjustment reserves	(188)		(2,793)
Losses payable	(53)		(197)
Unearned premiums	(225)		(251)
Accrued ceding commission expense	(6)		(5)
Accrued interest on notes payable	(3)		(14)
Loss contract reserve	(916)		(1,362)
Other liabilities	(246)		(367)
Total adjustments	(21,240)		(59,430)
Net cash used in operating activities	(3,451)		(3,880)
Cash flows from investing activities:
Purchase of investments	(19,974)		(9,989)
Proceeds from sales and maturities of investments	47,513		10,923
Net cash provided by investing activities	27,539		934
Cash flows from financing activities:
Redeemable convertible series B preferred stock dividends	(4,500)		(4,500)
Notes payable – principal repayments	(351)		(1,293)
Net cash used in financing activities	(4,851)		(5,793)
Increase (decrease) in cash and cash equivalents	19,237		(8,739)
Cash and cash equivalents, beginning of period	2,491	[1]	9,924
Cash and cash equivalents, end of period	21,728		1,185
Supplementary disclosure of cash flow information:
Cash paid during the period, Interest	$ 610		$ 707

[1] Balances derived from audited financial statements as of December 31, 2016.